0 Seq Ctr St. & California Ave Riverside, CA 92507
This exceptional retail opportunity presents itself in the form of a brand-new, planned shopping center located at the highly visible intersection of Center Street and California Avenue in Riverside County. The entire center encompasses 62,000 square feet, offering a unique chance for businesses to establish a strong presence in a burgeoning commercial area. Currently, 55,000 square feet of prime retail space is available for lease, divisible into units as small as 1,000 square feet, or potentially leased as one contiguous space of up to 55,000 square feet, ideal for a large anchor tenant. This presents a flexible leasing option to accommodate a wide range of business needs and sizes. The property's Assessed Parcel Number (APN) is 255-060-035, providing easy identification for due diligence. The building consists of a single suite, currently entirely vacant, providing an unparalleled opportunity for a business to shape the future of this vibrant shopping center. This is a pre-leasing opportunity, allowing prospective tenants to secure their space in a brand-new development and benefit from the first-mover advantage. The location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking high foot traffic and convenient access for customers. Don't miss this chance to be part of a thriving new retail destination.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.